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Suicide leash on lenders

Public uproar over 20 suicides in two months has forced the Andhra Pradesh government to act to regulate micro-finance institutions. On October 14, the state government brought an ordinance making it compulsory for MFIs to register themselves, declare the effective rate of interest they charge, ensure that no security is sought for loans and no coercion is used for recovery. Non-compliance will be punished with a three-year prison term and a...

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RTI under attack by V Eshwar Anand

EVEN though the Right to Information Act guarantees citizens their right to know and expose corruption in government offices, increasing attacks on RTI activists have put this most important right in jeopardy. The RTI Act was enacted after a long struggle by civil rights organisations. However, those who dare question the ways of the powers that be and expose them are eliminated in cold-blooded murders. The manner in which Amit...

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We, the 116 crore people by Vidya Krishnan

Every year, India adds the population of Australia to its already staggering ranks of 116.1 crore people. Every 10 years, we add the population of Brazil — the fifth most populous country in the world. As yet another World Population Day comes around on July 11, and India stands poised to eclipse China as the most populous country of the world, the government is gingerly attempting to bring incentive-based family planning...

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Mr Rickshaw for US by Nalin Verma

From Bihar to America, via rickshaw. That’s the feat Irfan Alam has pulled off, winning an invite from President Barack Obama for his work with rickshaw-pullers and proving that Lalu Prasad isn’t the only Bihari worth a toast for his business acumen. The 35-year-old IIM Ahmedabad graduate, who has redesigned and smartened up rickshaws and helped boost the pullers’ earnings and dignity, is one of 79 “unique” entrepreneurs from across the world...

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